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Exploration

Kazakhstan holds second largest oilfield in the world

The Kashagan oilfield is projected to be the second largest in the world after Saudi Arabia’s Ghawwar field; production in the country could reach dizzying heights when the field is properly tapped.

 
 
 

GE Energy to acquire Converteam

GE Energy has entered into an agreement to acquire approximately 90% of Converteam, a leading provider of electrification and automation equipment and systems.

 
 
 

Japan’s nuclear crisis blows open energy debate

In the aftermath of the Japanese earthquake and resulting tsunami, amid fears of a radiological disaster, commentators worldwide are postulating one question: is this the end of nuclear power? Alisa Murphy, CEO, B9 Coal, UK, argues they ought to be discussing the wider energy mix.

 
 

Weatherford awarded Marine Well Containment Company contract

Marine Well Containment Company (MWCC) has awarded Weatherford a contract for the design and construction of the topsides process modules for two dynamically positioned tankers to operate in the US Gulf of Mexico.

 
 
 

Chevron appeals Ecuador judgment

Chevron has appealed the Ecuadorean court judgment, which found it liable for environmental damage to the tune of US$ 8.6 billion.

 
 

ExxonMobil plans for future energy demand

Exxon Mobil Corporation reviews 2010 while outlining plans for future projects in its annual presentation to investment analysts at the New York Stock Exchange.